Michael Sheldon Quotes


You can't blame it all on energy because the trade deficit excluding petroleum rose faster than the overall deficit. The main culprit once again continues to be that imports are growing faster than exports. - Michael Sheldon



With the fed continuing to raise rates and energy prices at very high levels, its hard to see the markets making much headway... certainly been guy shy about putting new money to work. - Michael Sheldon



With the Dow and Nasdaq having moved up the way they have, it's only normal to see a bit of a pullback from time to time. But you still have a lot of seasonal factors to come into play. November through January has historically been great for stocks, and I think it will be almost a self-fulfilling prophecy as investors start trickling back into the market. - Michael Sheldon



With only a couple of weeks left before the next [Federal Open Market Committee] meeting, investors will continue to debate whether the Fed will raise rates at its next meeting and if they don't, are they done. - Michael Sheldon



With equity markets closing at their lows of the day Tuesday, the likelihood is that trading may get off to weak start on Wednesday morning. - Michael Sheldon



When the central bank came out and said they're going to drain liquidity over a period of months, that was a catalyst for investors who have avoided the stock market to put some money back in. - Michael Sheldon



When all was said and done, the market showed its resilience once again... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006. - Michael Sheldon